Miami Art Week 2026Upcoming
14 exhibitions within 1 mile
Art Week Score 76 · #6 in South Beach
#6 in South Beach · #6 in Miami
Nearest: Fridge Art Fair at Uma House, <0.1 mi away
For sale
4
1 pending · 16.0 mo supply
Median asking
$485K
from $479K
Median $/sqft
$502/sqft
$549/sqft sold, 12 mo
Days on market
147
135 to sell · 3 in 12 mo
Parc Plaza is a 14-story, 64-residence condominium on Washington Ave in South Beach, completed in 1983. The building sits in FEMA zone AE, where FEMA maps a 1% yearly chance of flooding and lenders require flood insurance for federally backed or regulated mortgages. It is also in Miami-Dade evacuation zone B. The lowest street beside the building is 3.3 ft above the highest tide predicted for 2026 at Virginia Key.
Two active tower construction sites stand within 500 m. Construction nearby can bring noise and traffic while it lasts. The nearest Publix is 870 m away in a straight line, about 0.5 miles, and the Car-Free Index is 1.
The building's financeability reads as good, at 51 of 100, meaning regulated lenders have financed purchases here in the last two years. On the 2025 tax roll, 50% of the 64 units carry a homestead exemption and 6% are owned by a company or trust. The Miami-Dade Clerk recorded 3 resale deeds in the 12 months to October 22, 2026.
Live near more of Miami
What surrounds Parc Plaza: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
58 / 100
Nearest Publix: Publix at Publix Super Market, 0.5 mi
#85 in South Beach · #306 in Miami
Bike-basket-of-groceries distance.
2 Publix stores nearby
Crane IndexLive now
Tower sites within 1 km: 2
Within 500 m: 2 · within 250 m: 0
Nearest tower site: Ritz-Carlton Residences South Beach, 0.2 mi
2 tower sites nearby
Distances are straight-line, not walking or driving.
Getting around
South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
62
/ 100
B+
own.miami Score
A data-grounded score for Parc Plaza from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value81
$502/sqft — vs. South Beach condos, then all of Miami
Momentum50
Recent price trend
Liquidity27
16.0 months of supply · 147 days on market
Health98
3 verified records: DBPR complaints
Waterfront55
Not waterfront
Age31
Built 1983 — vs. South Beach buildings
own.miami Condo Index
84Value100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#478 of 698 tracked Miami condos
Top 68% by price per sq ft
#109 of 121 in South Beach
Momentum
→ Steady
$502/sqft median ask
Liquidity
Balanced
Want the inside track on Parc Plaza?
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Inventory
$485,000$480/sqft
2 bd · 2 ba · 1,010 sqft
1775 Washington Ave #6E
Listing courtesy of Real Broker, LLC, Lissette Otalvaro (Lic. #3099108) · MLS #A12080788
$485,000$505/sqft
2 bd · 2 ba · 960 sqft
1775 Washington Ave #14F
No special assessments
Listing courtesy of Luxe Properties, Jennifer Lee (Lic. #3480506) · MLS #A12045731
$479,000$499/sqft
2 bd · 2 ba · 960 sqft
1775 Washington Ave #7B
Listing courtesy of Douglas Elliman, Kristen Rosen Gonzalez (Lic. #3294902) · MLS #A12009917
$495,000$516/sqft
2 bd · 2 ba · 960 sqft
1775 Washington Ave #8B
Listing courtesy of Gary Hennes Realtors, Lloyd Freeman (Lic. #3161042) · MLS #A11896585
Sold $/sqft trend
3-month rolling median of closed sales in Parc Plaza; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 1775 Washington Ave
- Year built
- 1983
- Floors
- 14
- Residences
- 64
- Developer
- Parc Plaza Developers, Inc.
- Waterfront
- No
Amenities
- · Rooftop pool
- · Fitness center
- · Sauna
- · Concierge
- · Security
- · Social room
- · Storage
- · Meditation garden
- · Bike storage
Building rules
- Parking
- assigned parking
Special assessments & recertification outlook
ElevatedPublic records checked Oct 30, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 2 purchase or refinance loans on this building in the last 12 months, financing 33% of its recorded sales, and accepted a down payment as low as 25%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 51/100.
Source: Miami-Dade Clerk official records
- PositiveNo special assessment — noted on 1 listingsJun 30, 2026
Source: MLS listing remarks
- WatchDBPR complaintsDec 16, 2025
Florida DBPR Division of Condominiums public complaint record for association licence MA00022001: 2 complaints in the last 36 months (1 open, 0 with discipline, 0 closed with a letter). A complaint is an allegation; only dispositions are findings. Investigations are confidential and not counted.
Source: health.src.dbpr
- Verified: no special assessment in force
- Verified: open or disciplined DBPR complaints against the association
- Built 1983 — a recurring structural milestone inspection is due around 2028
Estimated from Parc Plaza’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Parc Plaza: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.
- Mortgages recorded, 12 months
- 4
- 2 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 33%
- 3 recorded sales, 12 months · Resales only
- Average down payment
- 42.6%
- Lowest down payment accepted
- 25%
Loan programmes, 24 months:Conventional 2Private lenders 2
Medium confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 8.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 4.9 ft
- Lowest nearby street
- 4.3 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 3.3 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 2
- Open DBPR complaints
- 1
DBPR registration PR1V023704 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Parc Plaza cost?+
There are 4 condos for sale at Parc Plaza, from $479,000, with a median asking price of $485,000 ($502/sqft).
How much are the HOA fees at Parc Plaza?+
HOA / maintenance fees at Parc Plaza run around $1,654 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
When was Parc Plaza built?+
Parc Plaza was built in 1983, 14 stories, 64 residences.
Who developed Parc Plaza?+
Parc Plaza was developed by Parc Plaza Developers, Inc..
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